Despite Data Breach, Liquid Exchange Continued Listing New Tokens Before Warning Users

Despite Data Breach, Liquid Exchange Continued Listing New Tokens Before Warning Users

THELOGICALINDIAN - CEO Mike Kaymori declared he was acutely ashamed by the accident of user abstracts acknowledging today that the barter was afraid on Nov 13 Liquid has apparent 50 billion in aggregate over the accomplished year

According to a blog post, the hacker assertive a area hosting provider that manages one of Liquid’s area names to accord them ascendancy of the annual and domain.

The hacker was again able to change DNS annal and ascendancy centralized email accounts, acceptance them to appearance the abstracts stored by the domain, including user data. 

CEO Mike Kayamori asserts that Liquid could accommodate the breach, and no cryptocurrencies arise to accept been stolen. 

However, the hacker fabricated off with acute user abstracts that could after be acclimated to abduct user assets and identities. 

The barter continued to account new tokens in the anniversary afterward the drudge afore alerting users. 

Selling Liquid Data on The Dark Web

The hacker acceptable blanket names, addresses, emails, and encrypted passwords. It’s accessible that KYC abstracts such as ID and abode abstracts were baseborn too. Liquid is investigating this possibility. 

Data such as emails and agnate passwords or identities can be awash for ample sums on the aphotic web if not used by the hacker directly. It’s estimated that over 15 billion logins from 100,000 breaches accept been put up for auction on the aphotic web, from both crypto sites and added domains. 

Login capacity for crypto exchanges are particularly valuable.

Hackers can ambition the owners of emails with phishing scams to acknowledge their passwords or use claimed abstracts to try and abduct user funds. Liquid users are brash to change their passwords and login capacity in ablaze of the breach.